How Money Is Created Out of Debt




Think Zeitgeist show

Summary: In this episode will discuss the documentary Money As Debt, and why it's important that everyone watch it. We'll talk about how a debt-based economy wastes resources and creates social and economic stratification. And we'll explain why a resource-based economy could be a viable alternative to the current monetary system that is inconsistent with and detrimental to the current transition to a technological and automation means of production.